Political uncertainty and cost stickiness: evidence from prefecture-city official turnover in China
The aim of this study is to investigate the impact of local political uncertainty on the asymmetric cost behavior (i.e. cost stickiness) for listed firms in China. In this study, the authors manually collect the turnover data of prefecture-city officials as a measure of exogenous fluctuations in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Publishing
2022-06-01
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| Series: | China Accounting and Finance Review |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/CAFR-02-2022-0007/full/html |